The author is a Forbes contributor. The opinions expressed are those of the writer.

Loading ...

Loading ...

This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. Subscribe

Looking at the universe of stocks we cover at Dividend Channel, on 12/5/12, Ohio Valley Banc Corp. (NASD: OVBC) will trade ex-dividend, for its quarterly dividend of $0.21, payable on 12/14/12. As a percentage of OVBC's recent stock price of $18.62, this dividend works out to approximately 1.13%, so look for shares of Ohio Valley Banc Corp. to trade 1.13% lower — all else being equal — when OVBC shares open for trading on 12/5/12.

Below is a dividend history chart for OVBC, showing historical dividends prior to the most recent $0.21 declared by Ohio Valley Banc Corp.:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OVBC is likely to continue, and whether the current estimated yield of 4.51% on annualized basis is a reasonable expectation of annual yield going forward.